Our Lady of Fatima Society of Thornton California Inc

Analysis

Our Lady of Fatima Society of Thornton California Inc is a registered charity in United States, based in Galt, CA. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Our Lady of Fatima Society of Thornton California Inc reported income of $217k and spending of $161k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $114k to $217k (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 74% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Our Lady of Fatima Society of Thornton California Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within CA. Charities of a similar size with the same main cause include Second Thought Theatre ($217k), Opera Project Columbus Incorporated ($217k) and Laguna Beach Cultural Arts Center ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 132% of the total. At year end it held assets of $907k against liabilities of $168k, net assets of $739k.